Topic: Is technical analysis useful? - page 25. (Read 2535 times)
Despite the actual fact that i'm an addict of the central examination, I do trust that each the techniques area unit useful whereas anticipating the conceivable outcomes of the pattern that will occur afterward. no one will anticipate the precise future developments nevertheless the expectation of the conceivable outcomes of the patterns facilitate to come to a decision the productive exchanging/contributing systems. With regards to the fundamental measure, I do rely on principal investigation for the mid/long haul and utilize specialised examination for the transient timeframe define.
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Of course it is useful because you can use it to predict the market. Although trading is a game of probability, technical analysis is still reliable to help you understand the market. Most of pro traders use technical analysis anyway combined with fundamental analysis from news.
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Technical analysis does not exactly predict the future of any market, but it can at least help us know a little bit of how the future market is going to be. Well I will still say that technical analysis is useful, but not 100% useful as many believes it is. But don’t just take my word for it, try to know read comments by others, cause I’m not perfect. Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
It is important to consider that information but many times they are just failed piles of assumptions. Recently the market dropped heavily and I am seeing many threads which keeps talking about the different technical analysis that different users have done about the market. This I saw since January but none of them were upto the mark and none of them made the right speculation about the market. Sometimes I feel they are making it just out of some raw data which they dont either understand and some of them are just trying to get the visual representation for getting merits. (To be honest I do feel that way).
Coming to the point, these analysis being made by different users literally had the different outputs. The market is single but the outposts are different then it becomes too difficult to believe in such analysis. So may be I would say as long as its upto the mark then its all right otherwise we should not rely on them completely.
For the price, technical analysis is reliable. Based on the role of the core algorithm, it is easy to profit from the transaction. I know there are many professionals who are doing this, and the gains are very stable!
Sir, I am very contradictory, because I recognize and do not approve, because technical analysis can indeed be used as a reference, but it is not the most important factor that can affect the price.
For the price, technical analysis is reliable. Based on the role of the core algorithm, it is easy to profit from the transaction. I know there are many professionals who are doing this, and the gains are very stable!
For the price, technical analysis is reliable. Based on the role of the core algorithm, it is easy to profit from the transaction. I know there are many professionals who are doing this, and the gains are very stable!
Technical analysis is not just a template for moving the price, it helps to see the actions of other traders and predict their behavior in the future, than predict the price.
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Of course! Most of the traders are using technical analysis! I can say that technical analysis is one of the useful tool for us to predict the price of the bitcoin. For me, the information that we can get from technical analysis is reliable. For the price, technical analysis is reliable. Based on the role of the core algorithm, it is easy to profit from the transaction. I know there are many professionals who are doing this, and the gains are very stable!
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Yes technical analysis is useful and very nice to used. I am from fundamanetal analysis to technical anaylsis now I like tech analysis most in crypto its easy to used and you can check easily the market trend. It is realistic approach to the market and we can do longterm and shoterterm trades with it. POpular ta instrument or inid ayor is moving averages candles and rsi its really useful you can try it.
Some people relies heavily on charting and they come up with the decision, for me, what is important here is the news and speculation to make
a good decision.
Technical analysis is not only useful but also an important tool for decision making in trading. As far as I know this is the only thing use in trading because of its effectiveness. The effectiveness also vary from the person using it. Fud is only effective if applied in a market that is either going down already, or bound to go down in a matter of days
Yeah, no one doubts this, but if you are completely relying on technical analysis without learning how you can play safe in the market, then you will only end up completely screwed before you even know it. There are so many times it can work easily, you can even get to see yourself making some good calls, and then sometimes just come when you just see everything going the other way round even with the analysis, which is why the stop loss is always available.for today it is necessary to learn to do qualitative analysis, because all these analysts can not be hoped, because all forecasts or analysis are void and false.
New methodologies are always better for better results and at the same time, we cannot ignore conventional methods for consistent performance. In simple words, proper mixture of all these will definitely help any trader for producing comparatively better results. Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Yes technical analysis is useful and very nice to used. I am from fundamanetal analysis to technical anaylsis now I like tech analysis most in crypto its easy to used and you can check easily the market trend. It is realistic approach to the market and we can do longterm and shoterterm trades with it. POpular ta instrument or inid ayor is moving averages candles and rsi its really useful you can try it.
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?
Yes technical analysis is useful and very nice to used. I am from fundamanetal analysis to technical anaylsis now I like tech analysis most in crypto its easy to used and you can check easily the market trend. It is realistic approach to the market and we can do longterm and shoterterm trades with it. POpular ta instrument or inid ayor is moving averages candles and rsi its really useful you can try it.
I am think classic TA is not very useful. PriceAction+VSA is better 
thats mentioned technical analisys too dude.that technical very usefull if understand about volume and combine it with price action.usually use trend line and candlestick pattern.Yes, i agree with you.
I mean trend lines,MA,classic patterns like "head and shoulders" only- so popular instruments of TA for new traders but maybe it is not enough for successful trading system.
Of course, I understand that the trend line is very important for determining the trend.
I'm trying to apply the Wyckoff method (VSA) to the crypto currency market, because I understand the influence of big players on the market.
The market of crypto-currency is not big enough in comparison with stock market. VSA tells me what the big player is trying to do. And in what phase is the market now, in accumulation or distribution? Who are stronger-buyers or sellers?
Thanks for replying to my message. Good luck in trading
As a crypto trader technical analysis is very reliable and important in order not to lose funds in trading and only make profits will always be the outcome.
I am think classic TA is not very useful. PriceAction+VSA is better
thats mentioned technical analisys too dude.that technical very usefull if understand about volume and combine it with price action.usually use trend line and candlestick pattern. 
Technical Analysis is very useful for determining the direction of the market. Technical Analysis may not be good as a tool for speculation, But TA will not keep you in the dark as far as market condition is concern. You can make bold move because of TA.
I think yes, but he is not so important here as in the usual trade, I think here most of all plays the role of fundamental analysis and market sentiment
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